The OGMS resolution of 9 February 2018

Release Date: 2/9/2018 2:44:52 PM

IRIS Code: CC6BD

To: Bucharest Stock Exchange (BVB)

Romanian Financial Supervisory Authority (ASF)

London Stock Exchange (LSE)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, the Romanian Capital Market Law no. 297/2004, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code

The resolutions of the Ordinary Meeting of Shareholders of Societatea Energetica Electrica S.A. („Electrica” or „the Company”) of 9 February 2018

Electrica hereby informs that on 9 February 2018, the Ordinary General Meeting of Shareholders took place at Electrica’s headquarters in Bucharest, District 1, 9, Grigore Alexandrescu Street, postal code 010621, “Radu Zane” Conference Room, starting at 10.00 o’clock, being duly held in accordance with the legal and statutory provisions upon the first calling.

The Ordinary General Meeting of Shareholders meeting was attended by the shareholders registered in the shareholder’s register kept by the Central Depository on 11 January 2018, set as reference date, in person, by representative or through vote by correspondence, the quorum met being 72.130%of the total voting rights and 70.694% of the share capital of the Company.

The meeting was chaired by Mr. Bogdan George Iliescu, as member of the Board of Directors of Electrica.

Within the Ordinary General Meeting of Shareholders, Electrica’s shareholders approved the following items with a majority of votes (at least 50%+1) of the present and the represented shareholders, or voted by correspondence:

Item 2. Approval of the proposed Mandate Agreement for the members of the Board of Directors of the Company, as it was made available to the shareholders, according to the law.

Item 3. The empowerment of the representative of the Energy Ministry, present in the OGMS, to sign, in the name of the Company, the Mandate Agreements with the members of the Board of Directors.

Item 4. Approval of the remuneration limits of the Company's executive managers.

Item 5. Approval of the remuneration policy of the members of the Board of Directors of the Company as it was made available to the shareholders, according to the law and its application from the date of its approval by the Ordinary General Meeting of Shareholders.

Item 6. Setting the date of 28 February 2018, as record date, for the purpose of identifying the shareholders with respect to whom the effects of the resolutions of the OGMS apply as per Article 86 para. (1) of Law No. 24/2017 on the issuers of financial instruments and market operations.

Item 7. Empowerment of the Chairman of the Board of Directors, the secretary of the meeting and the technical secretary, to jointly sign the OGMS resolution, and to perform individually and not jointly any act or formality required by law for the registration of the resolution in the Commercial Registry Office of the Bucharest Tribunal, as well as for the publication of the OGMS resolution according to the law.

In adition, the Ordinary General Meeting of Shareholders rejected the item 1 on the agenda, namely the approval of the remuneration policy of the members of the Board of Directors of the Company as it was made available to the shareholders, according to the law and its application starting with 01.01.2018.

The difference between item 1 and item 5 of the agenda is the date of entry into force of the remuneration policy of the members of the Board of Directors of the Company.

At the same time, we mention that the approach to submit the remuneration policy of the members of the Board of Directors of the Company and the limits of the remuneration limits of the Company's executive managers for the approval to the Ordinary General Meeting of Shareholders, was made in order to neutralize the negative effects on the net remunerations of the directors and executive managers, resulting from changes in fiscal legislation.

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

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